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Takeover bids

OZ Minerals Prominent Hill
BHP, News, OZ Minerals, Takeover bids

BHP gets OZ Minerals shareholder approval

After months of speculation that OZ Minerals shareholders may reject the $9.63 billion takeover offer, BHP has announced that the shareholders have voted to approve the acquisition. Read More
Alexandra EastwoodApril 14, 2023, 8:56 amApril 14, 2023
newcrest, cadia hill, mine
Copper, Gold, Newcrest, Newmont, News, Takeover bids

Newmont makes “best and final” offer for Newcrest

Newmont has raised its takeover bid for ASX-listed Newcrest to $29.4 billion, which the US gold giant has labelled its best and final proposal.    Read More
Timothy BondApril 12, 2023, 10:35 amApril 12, 2023
Coal, Copper, Gold, News, Oil & Gas, Takeover bids

Glencore raises the stakes in Teck takeover

Glencore has added $US8.2 billion in cash to its initial $US23 billion takeover offer for Canadian miner Teck Resources.   Read More
Timothy BondApril 12, 2023, 10:27 amApril 12, 2023
Vietnam’s Competition and Consumer Authority has approved BHP’s acquisition of OZ Minerals, pushing BHP one step closer to completing the takeover.
BHP, News, OZ Minerals, Takeover bids

BHP clears latest hurdle in OZ takeover

Vietnam’s Competition and Consumer Authority has approved BHP’s acquisition of OZ Minerals, pushing the Big Australian one step closer to completing the takeover. Read More
Alexandra EastwoodApril 12, 2023, 8:58 amApril 12, 2023
News, Takeover bids

Wyloo sticks with Mincor after nickel setbacks

Wyloo Metals is proceeding with its plans to take over Mincor Resources, saying its $760 million offer is its “best and final”.   Read More
Timothy BondApril 4, 2023, 11:14 amApril 4, 2023
mining cash
Coal, Copper, News, Oil & Gas, Takeover bids

Teck turns down multi-billion-dollar merger with Glencore

Canadian zinc and copper miner Teck Resources has rejected a $US23 billion ($34 billion) merger with Glencore, saying it’s reluctant to expose shareholders to risky oil and thermal coal assets. Read More
Timothy BondApril 4, 2023, 10:54 amApril 4, 2023
Liontown
Lithium, News, Takeover bids

Why did Liontown reject the Albemarle takeover?

On Monday, lithium company Albemarle submitted a non-bonding proposal to acquire all outstanding shares of Liontown Resources – a battery metals exploration and development company – for a cool $5.2 billion.   Read More
Timothy BondMarch 29, 2023, 9:17 amMarch 29, 2023
capricorn, flooding, water
News, Takeover bids

Sibanye extends helping hand to New Century

Sibanye-Stillwater will provide $30 million in relief to New Century after its Century mine in Queensland was forced to suspend operations due to high rainfall. Read More
Alexandra EastwoodMarch 24, 2023, 9:35 amMarch 24, 2023
Mincor
Andrew Forrest, Fortescue, News, Takeover bids

Mincor holds out for a better offer

The Mincor Resources board has recommended its shareholders take no action after mining magnate Andrew Forrest bid $760 million for the company. Read More
Alexandra EastwoodMarch 22, 2023, 8:37 amMarch 22, 2023
New Century
Mining insights, News, Takeover bids

Sibanye, New Century takeover still on despite mine suspension

Sibanye-Stillwater has stepped in to help New Century get back on its feet after heavy rainfall forced the suspension of its Century mine in north-west Queensland. Read More
Alexandra EastwoodMarch 20, 2023, 8:52 amMarch 20, 2023
Newcrest
Copper, Gold, Newcrest, Newmont, News, Takeover bids

Newmont and Newcrest to meet for the first time

Following weeks of silence, Newcrest Mining and Newmont Corporation plan to meet to discuss the path for a potential multi-billion-dollar takeover.   Read More
Staff WriterMarch 15, 2023, 9:16 amApril 14, 2023
Copper, News, Rio Tinto, Takeover bids

Rio’s copper giant rises in the Gobi Desert

Rio Tinto has officially turned soil at the Oyu Tolgoi copper mine in Mongolia, the crown jewel in 2022 takeover of Turquoise Hill.  Read More
Staff WriterMarch 14, 2023, 10:01 amApril 14, 2023
Catalyst Metals has announced it will extend the offer period for its Vango takeover bid.
Gold, News, Takeover bids

Aussie explorer poised to swallow Superior Gold Inc

Superior Gold Inc, a Canadian-based gold producer, has entered into a takeover agreement with Catalyst Metals, an Australian exploration company.   Read More
Staff WriterFebruary 28, 2023, 9:07 amApril 14, 2023
Hancock Prospecting, News, Takeover bids

Battle for Warrego comes to an end

Hancock Energy now owns 95.63 per cent interest in Warrego Energy, effectively ending the months-long takeover battle. Read More
Staff WriterFebruary 28, 2023, 8:56 amApril 14, 2023
Newcrest, cadia,
Gold, Newcrest, Newmont, News, Takeover bids

Newcrest shareholders reportedly want more from the board

While shareholders are happy that the Newcrest board rejected Newmont’s takeover offer, they reportedly want to see more fighting spirit. Read More
Staff WriterFebruary 27, 2023, 8:34 amApril 14, 2023
Newcrest
Gold, Newcrest, Newmont, News, Takeover bids

Newmont breaks silence on failed Newcrest bid

“Disappointed” was the word Newmont chief executive officer Tom Palmer used when discussing the rejection of his company’s bid for Australian gold miner Newcrest. Read More
Staff WriterFebruary 24, 2023, 8:56 amApril 14, 2023
mineral processing
News, Takeover bids

“Worth a lot more”: Newcrest opens up on rejected Newmont bid

Australian gold company Newcrest may have knocked back the $24.45 billion takeover bid from US mining giant Newmont, but the door remains open to a bigger deal. Read More
Alexandra EastwoodFebruary 17, 2023, 9:15 amMarch 15, 2023
Newcrest
Gold, Newcrest, Newmont, News, Takeover bids

Newmont hungry for Australian gold

Australia’s Newcrest Mining has confirmed it received a $24 billion takeover offer from Newmont Corporation, the world’s largest gold mining company.
Read More
Alexandra EastwoodFebruary 7, 2023, 8:28 amOctober 11, 2023
OZ Minerals eceived board approval to develop its West Musgrave copper-nickel project, which is set to generate almost $10 billion.
BHP, Copper, News, OZ Minerals, Quarterly and half yearly results, Takeover bids

OZ recommends BHP bid amid power price rise

OZ Minerals’ December report has been released, revealing a quarterly copper production record of 36,307 tonnes. Read More
Alexandra EastwoodJanuary 31, 2023, 9:52 amApril 20, 2023
Pilbara Minerals
News, Takeover bids, Technology

Bradken acquires Linings

Bradken has announced its acquisition of Linings, a market innovation leader in composite mill liners. Read More
Alexandra EastwoodJanuary 16, 2023, 8:28 amApril 20, 2023

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